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Saturday, September 13, 2025

Mahtomedi home prices fall in September 2018

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The median sale price of a home sold in September 2018 in Mahtomedi fell by $111,900 while total sales increased by 14.3%, according to BlockShopper.com.

In September 2018, there were eight homes sold, with a median sale price of $288,000 - a 28% decrease over the $399,900 median sale price for the same period of the previous year. There were seven homes sold in Mahtomedi in September 2017.

The median sales tax in Mahtomedi for the most recent year with available data, 2015, was $3,680, approximately 1.3% of the median home sale price for September 2018.

The following table compares Mahtomedi to other Washington County cities with similar median sales prices in September 2018:

CitySept. 2018 Home SalesSept. 2017 Home Sales% change (Total Home Sales)Sept. 2018 Median Sales PriceSept. 2017 Median Sales Price% change (Median Sales Price)
Grant440%$670,550$430,00055.9%
Marine on St. Croix61500%$551,700$430,00028.3%
Lake Elmo8633.3%$466,505.50$418,00011.6%
Stillwater573183.9%$373,000$325,00014.8%
Hugo242020%$302,000$192,90056.6%
Mahtomedi8714.3%$288,000$399,900-28%
Woodbury109113-3.5%$280,000$301,000-7%
Cottage Grove6270-11.4%$265,000$237,50011.6%
Lakeland440%$253,472.50$375,000-32.4%
Hastings12-50%$250,000$407,500-38.7%
Scandia69-33.3%$244,500$415,000-41.1%

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